Crypto Trader Rune Proposes Meme Coin-Driven Short Squeeze on Nasdaq Shell Company

Crypto trader Rune claims to have acquired a 37.4% stake in a Nasdaq-listed company for $1.8 million, intending to tokenize its shares on the Robinhood Chain and pair them with a Meme coin. The strategy aims to create a feedback loop where Meme coin trading volume drives demand for tokenized shares, forcing the issuer to buy underlying stocks and triggering a short squeeze. While similar to the MicroStrategy model, the plan faces significant skepticism regarding the authenticity of the acquisition, the feasibility of 1:1 collateralization for a micro-cap st